2 Ibbott Lane Belconnen

Belconnen Markets Large Format Retail Centre

The property is located at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane Belconnen.

The traffic flow through the intersection of Belconnen Way and Lathlain Street exceeds an average of 28,000 cars per day.

This new property will sit adjacent to Belconnen Fresh Food Markets and opposite Bunnings while also having great exposure to Belconnen Way.

The major intersection of Belconnen Way and Lathlain Street &#xD&#xD The property is located at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane Belconnen.

The traffic flow through the intersection of Belconnen Way and Lathlain Street exceeds an average of 28,000 cars per day.

This new property will sit adjacent to Belconnen Fresh Food Markets and opposite Bunnings while also having great exposure to Belconnen Way at the major intersection of Belconnen Way and Lathlain Street.
This prominently positioned large format retail centre sits opposite Bunnings and across the lane from Belconnen Fresh Food Markets at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane.

KEY FACTS
+ 2 Ibbott Lane is the first stage of the brand new master planned precinct for the Belconnen Fresh Food Markets.
+ No other location in the Belconnen region offers such a well-planned retail precinct.
+ Targeting completion mid 2019
+ 28,000 cars per day on average through the intersection of Belconnen Way and Lathlain Street.
+ Total of 3,883m2 of Gross Lettable Area (GLA)
+ Tenancies from 214m2 up to 1,011m2 in one line
+ Parking spaces in front of the building and 85 basement parking spaces are also available.
+ Many more parking spaces to be delivered with the new fresh food market hall across the lane way.

DEMOGRAPHIC STATS
+ Total trade area population was 456,343 in 2017
+ Overall, the socio-economic profile of the trade area reflects a younger, Australian born, family market who earn higher than average income levels as compared to the Australian benchmark.
+ Retail expenditure from the trade area is higher than the Australian benchmark across all categories.
+ Large format retail spending per capita is around $3,444 per annum across the total trade area, which is 24% higher than the Australian benchmark.
+ The average worker in the trade area is prepared to walk around 1km from their place of work, or around 5-10min walk for retail items.
+ There was 13,450 workers in the Belconnen Town Centre as per 2016 Census.

2 Ibbott lane offers all tenancies with street frontage and branding exposure from either Lathlain Street or Ibbott Lane. The property also has great exposure to Belconnen Way which is the major arterial route connecting Belconnen to Civic.

Contact LAING+SIMMONS COMMERCIAL PROPERTY or BELLE PROPERTY RETAIL to get more information.

Belconnen Markets Large Format Retail Centre

The property is located at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane Belconnen.

The traffic flow through the intersection of Belconnen Way and Lathlain Street exceeds an average of 28,000 cars per day.

This new property will sit adjacent to Belconnen Fresh Food Markets and opposite Bunnings while also having great exposure to Belconnen Way.

The major intersection of Belconnen Way and Lathlain Street &#xD&#xD The property is located at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane Belconnen.

The traffic flow through the intersection of Belconnen Way and Lathlain Street exceeds an average of 28,000 cars per day.

This new property will sit adjacent to Belconnen Fresh Food Markets and opposite Bunnings while also having great exposure to Belconnen Way at the major intersection of Belconnen Way and Lathlain Street.
This prominently positioned large format retail centre sits opposite Bunnings and across the lane from Belconnen Fresh Food Markets at the intersection of Belconnen Way, Lathlain Street and Ibbott Lane.

KEY FACTS
+ 2 Ibbott Lane is the first stage of the brand new master planned precinct for the Belconnen Fresh Food Markets.
+ No other location in the Belconnen region offers such a well-planned retail precinct.
+ Targeting completion mid 2019
+ 28,000 cars per day on average through the intersection of Belconnen Way and Lathlain Street.
+ Total of 3,883m2 of Gross Lettable Area (GLA)
+ Tenancies from 214m2 up to 1,011m2 in one line
+ Parking spaces in front of the building and 85 basement parking spaces are also available.
+ Many more parking spaces to be delivered with the new fresh food market hall across the lane way.

DEMOGRAPHIC STATS
+ Total trade area population was 456,343 in 2017
+ Overall, the socio-economic profile of the trade area reflects a younger, Australian born, family market who earn higher than average income levels as compared to the Australian benchmark.
+ Retail expenditure from the trade area is higher than the Australian benchmark across all categories.
+ Large format retail spending per capita is around $3,444 per annum across the total trade area, which is 24% higher than the Australian benchmark.
+ The average worker in the trade area is prepared to walk around 1km from their place of work, or around 5-10min walk for retail items.
+ There was 13,450 workers in the Belconnen Town Centre as per 2016 Census.

2 Ibbott lane offers all tenancies with street frontage and branding exposure from either Lathlain Street or Ibbott Lane. The property also has great exposure to Belconnen Way which is the major arterial route connecting Belconnen to Civic.

Contact LAING+SIMMONS COMMERCIAL PROPERTY or BELLE PROPERTY RETAIL to get more information.